14 Questions
Which of the following is an example of an ethical and social responsibility force mentioned in the text?
Payoffs and bribes
What can make it difficult for companies to export their products in global markets?
Nontariff barriers
What is the purpose of establishing trade barriers by countries?
To maintain a favorable balance of trade
Which environmental factor is mentioned as a challenge in tracking down counterfeit products?
Legal barriers
What can affect the economic feasibility of exporting to a country?
A government's attitude towards importers
Political, legal, and regulatory forces are independent and do not impact each other.
False
Free trade zones eliminate all trade barriers, including tariffs.
False
Counterfeit products are not a challenge in tracking them down.
False
What are some examples of nontariff barriers that make it difficult for companies to export their products?
Exchange controls, free trade zones, and nontariff barriers are examples of the barriers that make it difficult for companies to export their products.
What are some examples of ethical and social responsibility forces mentioned in the text?
Payoffs and bribes, the Foreign Corrupt Practices Act, and differences in ethical standards are examples of ethical and social responsibility forces mentioned in the text.
What are some examples of environmental forces mentioned in the text?
Pollution and pollution are examples of environmental forces mentioned in the text.
Global markets face exchange controls, free trade zones, and ______ barriers that make it difficult for companies to export their products.
nontariff
Ethical and social responsibility forces include payoffs and bribes, the Foreign Corrupt Practices Act, and differences in ethical ______.
standards
Counterfeit products and legal barriers make it challenging to track ______ down.
them
International Marketing Quiz: Unlocking Growth Opportunities in Global Markets
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